Ann: Invictus Energy - How to apply for Entitlement Rights Offer, page-44

13 is 134 PC of 9.7 ....the 9.7 is what you would be paying so it is the price that's where the 100 PC begins.
You are dividing 13 by one hundred and multiplying it by 70..? For thirteen c on market you could by 1.34 shares.
Add Gst to the cost of something that costs 1dollar.. 1*1.1 =1.10 inc gst
you don't divide the 110c by a 100 and multiply by 90pc to find the net cost of it that gives 99 ..

and 99c plus Gst.is......108.9

You buy a share at 9.7c and sell it at 13 c .
You haven't made less than 30pc profit you've made 34 PC profit 9.7*1.34=13c
Cosmo is correct.
Sp halves from 13c so 6.5c .....50 Pc right.
But it has to go up a 100pc from there to get back to thirteen c.

Always start with the actual price paid (the cost)
Tc